Global TradFi & Macroeconomics

MediaTek’s stock price has recently risen to 2,090 yuan, hitting a new high. The market is watching the company’s potential as it moves into the AI ASIC and custom chip markets. In March, the company’s revenue reached 63.22B yuan, and the growth signals strong fundamentals. Goldman Sachs forecasts MediaTek’s target price will rise to 2,454 yuan, expecting AI ASIC to become a major source of revenue in the future. With an upcoming earnings conference, the market is focused on a rebound in demand for smartphone chips and the revenue contribution from AI ASIC.

Victory Giant Technology Huizhou's IPO in Hong Kong raised HK$2.6 billion, with shares soaring 60% at debut. The company, a top PCB supplier to Nvidia, reports significant revenue growth and plans to expand production capacity using IPO funds.

Mizuho Financial Group, Nomura Holdings, Japan Securities Clearing Corporation (JSCC), and Digital Asset jointly announced on April 21, 2026 (Monday) that they will launch a pilot for Japan government bond (JGB) collateral management on the institutional-grade blockchain platform Canton Network, with the goal of enabling around-the-clock, real-time collateral exchanges between custodians across accounts.

Gate News message, April 21 — Lithium carbonate futures (a key raw material for EV batteries) fell 4% during intraday trading, currently quoted at 172,100 Chinese yuan per ton.

Enjvyco's stock fell 10% to 108.97 yuan due to margin compression from product changes and higher provisions for doubtful receivables. The company faced foreign exchange losses and deteriorating cash flow but assured investors of normal operations.

Gate News: According to the latest Gate TradFi data, ZHIPU (ZhiPu 02513.HK) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

MSCI is extending its review of Indonesia's stock market status to June amid regulatory reforms addressing investability concerns. The decision to postpone possible downgrades has eased investor anxiety but may hinder passive inflows.

In 2025, ByteDance's net profit fell over 70% due to high spending on AI infrastructure, despite a nearly 50% revenue growth from overseas and significant expansion in TikTok Shop. Challenges include regulatory headwinds impacting e-commerce.

Tencent has acquired a 3.2% stake in Kazakhstan's fintech and ecommerce firm Kaspi.kz for $518 million, marking its first investment in Kazakhstan. Kaspi.kz dominates digital payments and ecommerce in the region and is highly profitable.

KOSPI, Korea’s composite stock index, recently reached a record high, mainly driven by growth in the AI industry and hopes for a peaceful period between the U.S. and Iran. Samsung and SK Hynix are supporting steady demand for semiconductors, but the market’s price-to-earnings ratio has declined. JPMorgan raised its KOSPI target price to 8,500 points, signaling optimism about the Korean stock market, but it remains necessary to monitor whether the “Korea discount” phenomenon can be reversed to attract more investors.

Ethereum spot ETFs experienced significant net inflows of $67.77 million on April 20, led by BlackRock's ETHA. In contrast, Grayscale's ETHE and other products faced notable outflows.

Grayscale, on April 20, 2026 (Monday), submitted an updated HYPE ETF filing to the U.S. Securities and Exchange Commission (SEC), listing Anchorage Digital Bank as the primary custodian, replacing Coinbase, which had served as the primary broker and custodian in the prior filing. If approved by the SEC, the fund will trade on Nasdaq under the stock ticker GHYP.

South Korea's exports rose 49.4% in early April, driven by strong semiconductor demand and high oil prices, leading to a $10.4 billion trade surplus. However, rising inflation and currency issues pose challenges for future growth.

A report by UK's Vimeo reveals that only 3 vessels passed through the Strait of Hormuz on April 19, setting a new low for recent transit levels.

Gate News message, a newly created wallet address "0xEbE" deposited $10 million USDC into HyperLiquid and opened a 63,000 BRENTOIL short position with 20x leverage. Another wallet "0x9D3", linked to the same whale, holds 20x short positions of 250,000 BRENTOIL (valued at $22.5 million) and 210,000 C

Gate News: According to the latest Gate TradFi data, TW88 (MSCI Taiwan) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

JackYi, founder of Liquid Capital, asserts the market is in a rally phase but anticipates a pullback due to potential triggers like declining U.S. equities and inflation data. He advises investors to focus on risk management and capital preservation.

On April 20, Bitcoin spot ETFs experienced net inflows of $238.37 million, with BlackRock's IBIT leading at $256.05 million. Grayscale's GBTC and Fidelity's FBTC saw net outflows.

According to the Schedule 13D filing submitted to the U.S. Securities and Exchange Commission (SEC) on April 20, Tether holds 1,950,000 shares of the Bitcoin mining financial platform Antalpha through affiliated entities, representing a 8.2% ownership stake. Tether chairman Giancarlo Devasini has voting and disposition rights over the aforementioned shares.

South Korea's central bank Governor Shin Hyun-song aims to promote CBDCs and deposit tokens through Project Hangang Phase 2, emphasizing digital payment innovation and financial stability while signaling a softening stance on stablecoins.